ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
Established in 1966, it is owned by 68 members—49 from the region.
ORGANIZATION
ACCOUNTABILITY
ADB supports projects in developing member countries that create economic and development impact, delivered through both public and private sector operations, advisory services, and knowledge support.
Federated States of Micronesia (FSM) and ADB
ADB supports the Federated States of Micronesia through investments in energy, water, transport, and education, including through technical assistance for related public administration reforms.
In the Spotlight
Pacific Private Sector Development Initiative Annual Report FY2022
This report outlines how the Pacific Private Sector Development Initiative helped to strengthen an enabling business environment and to promote inclusive growth in the region during the fiscal year 2022.
Women’s Economic Empowerment in the Pacific Region: A Comprehensive Analysis of Existing Research and Data
This publication and accompanying summary materials highlight key messages from current research and data on women’s economic empowerment in Pacific island countries.
Asian Development Bank and the Federated States of Micronesia: Fact Sheet
As a small island developing state, the Federated States of Micronesia (FSM) experiences heightened barriers to growth due to its geographic isolation, small population and associated capacity constraints, and exposure to natural hazards.
3.3% Growth Expected in the Pacific Region in 2023, 2.8% in 2024 — ADB
The Pacific is expected to sustain its economic recovery, with growth across all of ADB's Pacific developing member countries this year, according to ADO April 2023, ADB’s flagship economic publication.
Federated States of Micronesia Facts
ADB's Work in the Federated States of Micronesia
The FSM joined ADB in 1990. ADB’s programming in the country seeks to reduce costs by increasing the supply of renewable energy; manage risks by improving disaster risk financing and public financial management; and create value by delivering safe water and sanitation services, strengthening human capacity, and supporting private sector development.
ADB’s Pacific Approach, 2021–2025, serves as the country partnership strategy for the FSM, and focuses on building resilience against economic shocks, delivering sustainable services, and promoting inclusive and sustainable growth.
Data: Federated States of Micronesia
Forecasts are based on ADB's flagship publication, the Asian Development Outlook. Updated four times a year, it analyzes economic and development issues in developing countries in Asia and the Pacific.
Development indicators for Federated States of Micronesia, including a selection of economic, environmental, and social indicators used globally to track progress toward the Sustainable Development Goals.
Results achieved are aggregate amounts of outputs and outcomes from operations reported in project completion reports and extended annual review reports circulated for the year.
Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects.
ADB Projects in the Federated States of Micronesia View all projects
Featured
A structural shift is taking place in the Pacific islands, as countries move away from fossil fuels in favor of more climate friendly forms of energy.
Approved/Active
Proposed
What's New
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| Statutory Reports and Official Records
Pacific Private Sector Development Initiative Annual Report FY2022
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| News Releases, News from Country Offices
New ADB Report Shows Improvements for Women’s Economic Empowerment but Gender Gaps Still Remain
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| Publications, Papers and Briefs
Global Value Chains in the Pacific Island Countries: Patterns and Structure
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| Publications, Reports
Women’s Economic Empowerment in the Pacific Region: A Comprehensive Analysis of Existing Research and Data
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| Brochures and Flyers
Asian Development Bank and the Federated States of Micronesia: Fact Sheet
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| News Releases, News from Country Offices
3.3% Growth Expected in the Pacific Region in 2023, 2.8% in 2024 — ADB
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| Reports
The Social Protection Indicator for the Pacific: Tracking Developments in Social Protection
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| News from Country Offices
ADB Approves $5 Million Grant to Develop Clean Energy Projects in FSM
Contact: Pacific Department (PARD)
6 ADB Avenue, Mandaluyong City, 1550 Metro Manila, Philippines
Office Hours: 8:30 a.m. to 5:30 p.m. (Monday to Friday)
Fax +63 2 86362444
Federated States of Micronesia Pacific Country Office
Ground Floor, One World Plaza
Kapweresou Street, Kolonia Town
Pohnpei, Federated States of Micronesia 96941
The ADB Pacific Department provides the primary operational link for activities between ADB and the government, the private sector, civil society stakeholders, and development partners. The Pacific Department engages in policy dialogue, country partnership strategy development and programming, and portfolio management, while also acting as a knowledge base on development issues in the FSM.
Federated States of Micronesia Pacific Country Office is closed on these dates:
- New Year's Day: January 2 (Monday), in lieu of January 1
- Micronesia Cultural/Traditional Day: March 31 (Friday)
- Good Friday: April 10 (Monday), in lieu of April 9
- FSM Constitution Day: May 10 (Wednesday)
- Chuuk Constitution Day: October 2 (Monday), in lieu of October 1
- UN Day: October 25 (Wednesday)
- Independence Day: November 3 (Friday)
- Pohnpei Constitution Day: November 8 (Wednesday)
- Veteren's Day: November 10 (Friday), in lieu of November 11
- Christmas Day: December 25 (Monday)
Last updated: 27 March 2023